PPP Loan information for Emerson auto sales, inc.

$511,800

Emerson auto sales, inc. was initially approved for PPP Loan of amount $511,800, the current approved amount is $511,800. The loan was approved on 04/11/2020 by The Maine Community Bank reported 46 jobs and $511,800 was used to fund payroll.

Emerson auto sales, inc. is Existing or more than 2 years old

PPP Loan Search / ME / AUBURN / Emerson auto sales, inc.

EMERSON AUTO SALES, INC.

Date Approved

04/11/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

EMERSON AUTO SALES, INC.

Borrower Address

990 Center Street

Borrower City

AUBURN

Borrower State

ME

Borrower Zip

04210-6406

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

511800.00

Current Approval Amount

511800.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement

Servicing Lender Location Id

29614

Servicing Lender Name

Maine Community Bank

Servicing Lender Address

254 Main St

Servicing Lender City

BIDDEFORD

Servicing Lender State

ME

Servicing Lender Zip

04005-2400

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUBURN

Project County Name

ANDROSCOGGIN

Project State

ME

Project Zip

04210-6406

CD

ME-02

Jobs Reported

46

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10900.00

Payroll Proceed

390900.00

Mortgage Interest Proceed

0.00

Rent Proceed

110000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

29614

Originating Lender

Maine Community Bank

Originating Lender City

BIDDEFORD

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

515084.05

Forgiveness Date

12/08/2020

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